Donald Trump is gearing up for another trade conflict with China, while Joe Biden has intensified the semiconductor standoff with sweeping chip export restrictions introduced on December 2. In an unprecedented move, China responded almost instantly, imposing export controls aimed at curbing U.S. access to vital minerals and technological products. This rapid and calculated retaliation signals Beijing’s readiness to counter future actions, such as potential tariffs from Trump, with significant measures of its own. Let’s dive in:
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